83 replies to this topic

[gannman]

i think rgld is severely undervalued they had very good earnings boosted the dividend 

 

i am a buyer here

[gannman]

if gdxj can trade above 47.6 its a buy imo

[gannman]

happy holidays everyone enjoy your holiday !!

[gannman]

well this is interesting . lets see what happens here just exactly what will happen

[gannman]

personally i think we are going to have the crash of the ages. not right away we still have another run at new highs in the sp

 

then we will see how it is going to act . just because i think it does not mean it is going to happen

[gannman]

i do not like the chart on gld it closed today under its 200 dma not a good sign

[gannman]

i am thinking we are setting up for a major bottom in the gold sector and a major top in the broad market 

 

around the solstice fwiw would make sense 

[gannman]

if iwm trades under 210 then i believe we crash fwiw 

[gannman]

with that finish we are in a wave 3 down 

[gannman]

best i can see we did a wave i down in the broad market into dec 1 and are in a wave ii bounce now

 

gld i believe has bottomed along with the miners